Company to achieve investment of 25 million yuan, over the completion of the first phase of the company's investment plan to achieve grinding, ultra-process comprehensive upgrade planning objectives, the October acceptance of the production. In September, the two-phase Assembly workshop renovation project was launched.

Company to achieve 50 million yuan into the purchase of equipment and workshop civil reconstruction.

The company plans to ute product comprehensive upgrade transformation, the plan puts in the technical renovation 80 million yuan. The first phase of the project was completed in 2016 and the second phase was completed in 2017.

"UTE" trademark was Taizhou as brand-name products.

The company changed the name "Zhejiang Ute Bearing Co., Ltd.".

In Shenzhen, Changzhou, respectively, set up offices.

The company was identified as "national High-tech enterprises." The company set up Marketing center in the injury and set up an office in Guangzhou.

Successfully developed for the United States ABBM Aviation instrumentation Special bearings "at the same time the United States ABBM Company recognition", and to undertake the United States Boeing Company after the market supporting orders.

Won the Taizhou Science and Technology Progress Award, the same year, through the "bank AAA grade Credit Enterprise" Grade certification, the company was identified as "Provincial High-tech research and Development Center."

The company was identified as a provincial High-tech enterprises.

Zhejiang Science and Technology department approved the establishment of Zhejiang bearing Engineering Center.

Taizhou Special bearing Factory was established, its predecessor is the Luoyang Bearing Institute of Mechanical industry, Taizhou special bearing factory.